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1741  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: April 16, 2014, 05:32:18 AM
One abandoned bus, which we really don't understand it's purpose. It's not out front but about 200 meters. It's out front HP Indigo more or less.
Anyway, we're 400 meters from Intel 22nm FAB, so it's not that deserted place.
We're about 25 KM from Gaza strip, not in any disputed territory.

Somehow, this is funny.


You are welcome to see our office in Google Street View, which is as said, quite far from Gaza strip and located near Intel and HP:
https://www.instantstreetview.com/2b1174z434j72z1ekzvkz2u
2 questions: 1) can you provide a streetview link to the abandon bus outside the office?  and 2) can a palistinian missile from Gaza reach the office?  I am not talking about one of those silly missiles made by little boys who should be in school, but one of the really good ones with extra fuel and payload capacity made by mad Muslim bombers in hidden welding shop?  If I send $20 large, I don't want any god-damned political strife fucking up my position.

1742  Alternate cryptocurrencies / Announcements (Altcoins) / Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread on: April 15, 2014, 06:22:15 PM
A quantity of 429,496,729 coins will be available for purchase, this equates to 10% of all safecoins
When JR did the MasterProtocol 100% of coins were available for purchase.  Even JR bought (with real money: bitcoin) every single share allocated to him.  Now, MaidSafe wants to take 90% of the coins - and decide later how they will distribute those.  What?!  

I was a big proponent with money set aside to do this project.  Now, I am not going to spend one red cent.  

What is this? is it Ripple?  How in the world do you anticipate your project being worth $80 million today?  That is more than 4 times the present value of Mastercoin which has money in the bank and some nice working funcitons.  All you guys have is 'seven years work' (which indicates you are very slow to build anything) and a fancy video.  

I am out.  I recommend to others to consider this outrageous valuation before throwing money into RipOffSafe. 
1743  Alternate cryptocurrencies / Altcoin Discussion / Re: Strange times Ripple vs. Doge on: April 15, 2014, 04:44:48 PM
I understand why Bitcoin is on top, Litecoin trails Bitcoin everywhere like a happy puppy, Ripple is wierd but lots of people have good intelligent arguments why it should be listed the way it is.  Dogecoin has meme power.  But how does Peercoin keep that value/market cap? It is used anywhere? It isn't in the media or anything, at least in the same way Bitcoin, Litecoin and Dogecoin are.  Peercoin's Reddit is dead compared to Dogecoin.  I'm not trying to be a hater, I really want to know what people think.

Some coins have technical merit and some coins are purely 'pump and dump'.  Those coins you don't understand - probably the ones with technical merit.  Those coins you like with memes - probably 'pump and dump'.  Carry on.
1744  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm dumping Nxt and here's why you should too on: April 15, 2014, 04:42:26 PM
Care to explain your strong "statement"? At a first glance it sounds like bullshit from a hater....
Do you defend everything negative against NXT?  Are you their #1 cheerleader?
1745  Bitcoin / Bitcoin Discussion / Re: Don't walk on the edge of the law! Shrem is getting fucked - here's why... on: April 15, 2014, 04:37:33 PM
Drugs are bad, kids.
Shrem is not being charged with any drug offenses.  Despite having said he likes to smoke with potential employees, the Fed doesn't care about his drug uses.  They don't like his notion of flaunting the law in telling his coconspirator how to traverse the rules.  That's what did him in. 

1746  Other / Archival / Re: delete on: April 15, 2014, 02:03:43 PM
And yes..I'm fully aware that Americans invented the English language...and they've probably  protected by Copyright  now too.
We even get money from that Queen bitch in the UK every time she says a word.  Too bad it is only dodgy 'pounds' money.
1747  Alternate cryptocurrencies / Altcoin Discussion / Re: Strange times Ripple vs. Doge on: April 15, 2014, 02:01:13 PM
People who want decentralized exchanges...
Hahahahaha! Good one. 
1748  Alternate cryptocurrencies / Announcements (Altcoins) / Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread on: April 15, 2014, 01:59:32 PM
Please RawDog, I think you're also exaggerating. Unless this discussion gets on a level worth of a discussion I'd appreciate, if you both step a step back and I think the point was made pretty clear earlier. Smiley

What's everyone's opinion about MaidSafe and SafeCoin? It was all over the news a few days ago.

http://www.safecoin.io/
https://github.com/maidsafe/Whitepapers/blob/master/Project-Safe.md
This is an excellent topic for a new thread.  Why spoil a good troll argument with decent topics of genuine interest?  
1749  Bitcoin / Bitcoin Discussion / Re: What is the most efficient way to earn bitcoins without spending money? on: April 15, 2014, 01:53:13 PM
And I am not asking for handouts,  just advice.  I already sold my valuable things

If you set up a 15 petahash mining rig - that ought to be pretty efficient at getting bitcoin. 
1750  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm dumping Nxt and here's why you should too on: April 15, 2014, 12:21:09 PM
Bitcoin doesn't actually have a real 51% attack problem.  That is just a fun thing to talk about.

Quote
What about the underlying technology?  Don't ask about that.

Roll Eyes

Looks like you don't understand the underlying technology of bitcoin.


Do you also worry about ghosts?  51% attack is an interesting theory.  There are very good reasons why it is not a genuine concern from the point of view of nearly everyone involved in bitcoin.  It is not going to happen.  If someone actually approaches this kind of computing power, the community quickly responds to adjust.  Happened already. 

NXT solves nothing.  If they managed to rid the world of 51% attacks - I say bravo!  No go bust some ghosts too.  It isn't a real problem.
1751  Alternate cryptocurrencies / Altcoin Discussion / Re: Strange times Ripple vs. Doge on: April 15, 2014, 12:18:01 PM
Also "Ripple" is a payment network, you mean "ripples" or XRP in short.
Huh  It is so complicated - nobody will ever figure it out.  Who'd want to use it anyway?  How does anyone use it?  Who does use it?
1752  Economy / Speculation / Re: Crossed 500 USD - Bull Market returns ? on: April 15, 2014, 11:49:26 AM

Buy, buy, buy.  When it hits $1800 - sell. 

Oh yes, this is something I have been repeating all the time. NEVER sell when the market is down. However, there are still lots of morons around who like to lose money on BTC or anything similar.

Yeah.  Buy high and sell low.  This is how the morons work.  No matter how you try, you can't convince them.  $1200 - they are buying.  $380 - they are selling.  What the fuck is that going to get you?
1753  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm dumping Nxt and here's why you should too on: April 15, 2014, 11:25:58 AM

The ignorance is brave in you.  Roll Eyes
I like that.  That is cool.

Look, NXT's big theory is that it saves energy.  Other than that, it isn't much.  Don't believe me, look at their third point on nxt.org.

Point 1 'forging' - more about energy saving via no mining.  

Point 2 'secure and fast' - bitcoin isn't too insecure and so far the fast part isn't killing the system.  Changes to come will fix that.

Point 3 is just plain dump - more about 'forging'.

Technical brilliance?  I don't think so.  China wastes more energy in a single day at a steel factory melting metal than bitcoin uses in three months.  Energy isn't really the problem.

NXT adds nothing in the way of security.  'eliminates 51% attack'.  Ha!   Bitcoin doesn't actually have a real 51% attack problem.  That is just a fun thing to talk about.  Why solve problems which don't exist?  NXT is a waste of time/effort.  It brings nothing new of value.  It will never displace bitcoin.  It is exactly like Beta vs. VHS - even if you successfully argue that it is technically better, it is so marginal that it won't convince even one person to switch.  The infrastructure around bitcoin is set.  It won't switch over to NXT ever.  NXT is dead.

Move on.

Your forum has many interesting discussions about 'technical advantage'.  This is a great place to argue forever.  But just like Betamax - nobody fucking cares and those technical advantages are so insignificant that they will never motivate people to move over.

Next.





1754  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm dumping Nxt and here's why you should too on: April 15, 2014, 11:17:04 AM
This is an interesting and possibly right point of view, but in order to correctly contextualise it, could you explain why your signature reads "Bitcoin will die soon."?

its just a signature.  It doesn't mean much.  It is not an argument nor a thesis.
1755  Economy / Speculation / Re: Crossed 500 USD - Bull Market returns ? on: April 15, 2014, 11:13:34 AM
price drop was just a fake trend so that big whales can get some bitcoins at cheap price

a fake news from china and people dumped it and big player bought at low price
Everyone knows that.  What?  You fell for that ol' trick?  Only the dumb asses panic and sell during sinking prices. 

It's "buy low, sell high".  Who the fuck is selling during the crash?  That doesn't make sense.  'sell low'?  That ain't right.  You don't need a degree in math to figure that one out.  Somehow, panic always wins over math and morons sell all day long during the crash.  Funniest thing I've ever seen.  I love it. 

Buy, buy, buy.  When it hits $1800 - sell. 
1756  Economy / Speculation / Re: Crossed 500 USD - Bull Market returns ? on: April 15, 2014, 10:58:00 AM
Over 500! it would be so awsome if it goes back to $1000  Cool Cool
This will happen VERY fast.  Recovery happens much quicker than the initial run-up to the high.
1757  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm dumping Nxt and here's why you should too on: April 15, 2014, 10:48:59 AM
Quote

This looks a lot like the NEO+BEE poor mockup they used in their laughable IPO

...and you see how far it got Neo and Bee.  

Look, this is all glossy fluffy stuff.  It doesn't suggest anything about the attributes of the underlying system.  An awesome looking brochure won't help NXT.  

The reason they are taking this course is because it worked for them before.  When they launched, they got loads of attention because of their 'professional look'.  However, most people here can't decipher the details of a technology - so they buy the fluff.  

Look at Mastercoin which takes the opposite course.  No fluff.  No gloss.  No cute memes.  Mastercoiners won't even talk to you.  Practically no forum.  They are all too busy writing good code.  Who has time for marketing bullshit?  Not Mastercoin.  That is for pump and dump programs.  NXT is all about pretty ink like those pictures above.  It is all part of the 'pump'.  Here comes the 'dump'!!  Nothing says 'pump and dump' more than those images above.

What about the underlying technology?  Don't ask about that.  
1758  Economy / Speculation / Re: Crossed 500 USD - Bull Market returns ? on: April 15, 2014, 10:07:43 AM
hopefully it will be this year
Are you kidding?  Two months from now tops.  This run-up is going to be fast and big.  Do not hodl!!!  Buy now.
1759  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 15, 2014, 09:50:25 AM
KNC took a stellar reputation and turned it to shit in record time.  How did they manage that?

 KNC don't believe in their products, nor do they want to take any responsibility for them. That should be a massive red flag for anybody thinking about ordering from them.

If... we'll start to see all these parasites die off.
tl/dr KNC are assholes Grin

Man, that is harsh stuff. 

I wonder if KnC really doesn't believe in their products.  I wonder why 'no refunds', 'no warranty' strategy has developed. I agree that is a big red flag of sorts. 
1760  Alternate cryptocurrencies / Altcoin Discussion / 'Mo money' - on: April 15, 2014, 09:13:28 AM
Follow this...

http://www.coindesk.com/bitangels-closes-10000-btc-fund-decentralised-applications/
BitAngels, the group largely behind the 'MasterProtocol' - just raised another $5 Million for 'Decentralized Applications'.  Well, what does that mean?  

It means BitAngels will soon be spending yet another $5 million on projects which depend upon Mastercoin!!  How did I figure that?  Read the story above.  Maidsafe for example is building out from the MasterProtocol in a fund raiser starting next week April 22.  Maidsafe is an awesome decentralized concept.  

So what should you take from this?  Buy Mastercoins.  They are very cheap now.  BitAngels are spending big money on projects which will improve the value of that protocol.  

Do you think CounterParty is raising and spending $5 million to advance their system?  Nope.  XCP is busy thorwoing 2124 bitcoin into the toilet.  They like 'burning' their money.  

Which system are you going to bet on?  

Go get your Mastercoin fast and easy here: https://masterxchange.com/market.php?currency=msc now.  Then download and install their distributed exchange software / wallet where you can trade without fees.

Next week, buy a little MaidSafe to get 10X in three months time.  


'dis is how ya gonna git 'mo money'

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